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(Yicai Global) March 19 -- China's central environmental authority has given the green light for the construction of two nuclear power projects with four reactors, which is the first such go-ahead since 2016.
The pair, China General Nuclear Power Group's Huizhou Taiping Ling in southern Guangdong province and China National Nuclear's Zhangzhou plant in southeastern Fujian, will start construction on June 30, the Ministry of Ecology and Environment said in a statement on its website. The total investment will be CNY81.2 billion (USD12.1 billion), public information shows.
The Chinese government imposed a multi-year freeze on new nuclear power projects since the accident at the tsunami-struck nuclear plant in Fukushima, Japan in 2011.
In 2015, China began building two plants involving domestically designed Hualong One reactor technology in Fujian province and the Guangxi Zhuang Autonomous Region, with the first unit expected to enter operation in 2020.
Editor: Emmi Laine